.png){kind=logo}
What's New Today: Non-Tech Sectors Attract Tech Talent Amid IT Hiring Slump
Fast-Track Insights: As Crypto Crashes, Sam Bankman-Fried Defends His Position
Crossbeats, an Indian wearables and audio firm, has released the Crossbeats Nexus, their newest smartwatch, in the country. It is stated that the Nexus is the first smartwatch to be released in India with ChatGPT connectivity. For those who don't know, ChatGPT is an OpenAI chatbot driven by AI that has gained popularity in recent months. Furthermore, the wristwatch also includes an e-book reader, which is a first for a smartwatch. With the launch of Crossbeats Nexus, we are setting off on an exciting journey into cutting-edge, purpose-driven solutions. In addition, we're excited to invest heavily in modern production facilities that use cutting-edge technology, said Crossbeats co-founder Archit Agarwal.
India's tech talent will be saved by non-tech industries like banking, retail, and automobiles as hiring in the traditional IT haven sector declines dramatically. The group won't be able to hire as many people as the IT industry, though. There are now a little under 90,000 open vacancies in the technology sector in India across all industry sectors. According to Xpheno's observations, the current active demand volume for IT talent has dropped by more than 45% when compared to typical active demand levels
The pervasive influence of artificial intelligence (AI) spans a multitude of business domains, from marketing and sales to HR and financial management, IT, and customer service. AI applications employing natural language processing, like chatbots and voice assistants, have become an integral part of the modern business landscape. Artificial intelligence (AI) is on the cusp of transformative developments as it continues to advance and evolve rapidly. The year 2024 promises to usher in a host of AI trends that will redefine how we interact with technology and solve complex problems across various domains. Read more
The creator of the cryptocurrency exchange FTX, Sam Bankman-Fried, is presently on trial for fraud. The once-booming company FTX's demise serves as a sobering reminder of how unstable the cryptocurrency market can be. With digital coins worth over $1 trillion, cryptocurrencies continue to draw investors despite the dramatic collapse of FTX. This incident should serve as a cautionary tale regarding future technology-enabled frauds. Watching with interest as Bankman-Fried is ready to testify, the world remembers the spectacular collapse of cryptocurrency.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
